Will Bitcoin Reach its Bottom?

[BaraxLo]

Now the price of bitcoin is started to raise again. Bitcoin had huge amount of investors,So I personally think. They won't allow the bitcoin to move to the bottom.If you had continue the concept of buy at low and sell at high,you won't lose your money. Till that ,you have to hold the bitcoin for profit.

It's a more of who can manipulate the price by having many holdings, bitcoin reaching bottom.may not really be possible as it still keeps on recovering whenever it dumps for it is still considered as the main crypto that will give benefits to those who know how to wait.

Do not consider this stable price fewer than 10k dollar serious because we have seen these fluctuations and this time follows by a period of decrease in demand which recovers after some time. Do not get panic and do not lose yourself this time.

Just think about your market monitoring and strategies to put in the market this time. In my point of view do not be much serious and hold the coins for a long term to sell.

[1Referee]

Now we are all waiting that it will be running ahead: the bull run is coming soon.

If everyone keeps waiting then nothing will happen. 

It's impossible to time bull runs, but I think it's pretty safe to say that the far majority of the (realistic) people here have zero faith in a soon to be initiated bull run. It's just not the time for it. Don't forget the fact that the bull run we experienced last year wasn't just a regular bull run. It might take a few years before we get to experience a similar bull run in terms of its multiplier. The next bull run won't likely be enough to break the $20,000 level, and people for once need to stop focusing on that.

Discard that $20,000 peak and start creating your own charts where if we happen to reach $10,000 in the coming weeks or months, it will be our all time high, and one that likely isn't based on empty speculation, and thus way more sustainable. I get it that it is difficult to swallow for people having bought near peak levels, but the situation is what it is, everyone should deal with it.

[weeklyeth]

Look like 7000 dollars is lowest bottom price for this year we cant expect more than this price it is better to buy at this price

[inooll00]

It's been more than a week BTC prices only around $ 6000 which I'm sure is the bottom price. Yes, I'm sure there is no drop again for BTC prices and that is the lowest price for this month and next June will rise

[xuv500]

Bitcoin will never reach that much bottom since the trend of it is stabilizing in the range of $7k for this year. Bitcoin is the king of all crypto and it will start its bullish drive from June and will never stop its high trend, most experts have predicted that Bitcoin price will reach $60k within this year end so no worries whether the price goes beyond the low level.

[cryptocurrencyguru]

Bitcoin may touch the lowest bottom this year probaly around 5000 dollars and low to test the bottom and again bounce back to 12 thousand dollars very soon

[mig5000]

I think that it has already happened after all, it touched less than $6000 on February if i am not wrong ( i am not sure about the exact price ) but it happened, and i think that it wont happen again, at least, not for now.

[coinluisa]

Bitcoin price CRASH: Analysts think cryptocurrency could be reaching its BOTTOM
BITCOIN could be reaching the bottom of its bear run as experts speculate the cryptocurrency could fall in the $6,600-$6,000 range over the weekend, it has been reported

I see in one article that bitcoin will down in 5k price before increase the price this coming quarter3 of this year. Even it's a prediction I think its alright because I believe that bitcoin will continuously rising.

[EnricoGomez]

I honestly do not care about analysts' predictions and speculations, most of them are just to cause fud and lower the price - they try to manipulate it and there should not be a worry for long-term investors as these dips are just on the nature of bitcoin, a good opportunity to get on even. It is given that bitcoin will soar in the future as it gain popularity.
As long as people use it, it will always have a value.

[MiXxe]

I think that it has already happened after all, it touched less than $6000 on February if i am not wrong ( i am not sure about the exact price ) but it happened, and i think that it wont happen again, at least, not for now.

The highest point of amount has no limit however, when we say bottom to this kind of energy, even the negative amount is considered as not even high or low point. Because there is no such bottom in cryptocurrency.
And with whatis currenctly happening i the value of bitcoin now, just Lord to wait and be wise enough.

[Bytem3]

Michael Novogratz believes that Bitcoin and other top coins already reached the bottom:

https://coincodex.com/article/2340/michael-novogratz-calls-bottom-for-top-coins/

[Crashing]

By definition every asset will reach its bottom, at the very least zero.
If past markets events can teach us anything, bitcoin has a lot of time to stay low and at prices lower than this. All past bitcoin bear markets lasted for more than 1 year.

[ToyotaFortuner]

I think it will be very difficult because the demand for bitcoin which very much makes the price of bitcoin becomes very difficult to return to the base price again and it is very difficult to make the price of bitcoin collapse like a few years ago in 2013.

[Crashing]

The demand for bitcoin is probably more than 90% trading based and not purchase based. With fear dominating the market people will dump bitcoin like if it was hot potatoes. Look to ethereum...
I don't know if bitcoin is going to go lower than 5000, but I think its past suggest it will and that it will stay there for many months.

[semtothemoon]

Unfortunately, The price of Bitcoin has been in your script for the past few months and  hovering around at your bottom price.. But in the past two days, the market has shown signs of improvement, let us just wait and see.

[Crashing]

Don't see my post as some kind of desire about bitcoin price going down. I think that bitcoin going even lower will create a good opportunity to buy and risk to hold long term, but I'm not glad with this. This isn't about emotions is about reasons. Let's try to see this with a cold and unemotional view, even if we know that this crash is hurting bitcoin and moving away people.

[posi]

Unfortunately, The price of Bitcoin has been in your script for the past few months and  hovering around at your bottom price.. But in the past two days, the market has shown signs of improvement, let us just wait and see.

The does seems to showed the signs of improvement cause the coin capital were almost despite the fact that it already weekend and ifvthis signs continue till next week business days then, we are going to experience some pump in price or maybe a bull run. But it won't last long due to the December holidays.

[gabmen]

Unfortunately, The price of Bitcoin has been in your script for the past few months and  hovering around at your bottom price.. But in the past two days, the market has shown signs of improvement, let us just wait and see.

The does seems to showed the signs of improvement cause the coin capital were almost despite the fact that it already weekend and ifvthis signs continue till next week business days then, we are going to experience some pump in price or maybe a bull run. But it won't last long due to the December holidays.

Well we've been pretty steady lately. And probably we're preparing for the annual last quarter run that always happen during the end of the year. I don't think there will be a new bottom anymore.

[Johnzky]

Bitcoin price CRASH: Analysts think cryptocurrency could be reaching its BOTTOM
BITCOIN could be reaching the bottom of its bear run as experts speculate the cryptocurrency could fall in the $6,600-$6,000 range over the weekend, it has been reported

This is same question in my mind but looking around the marketnd the graph it seems like we still haven’t reached the bottom because i can feel that were dropping upto $4,000 before taking breath in profit hopefully will not happen since many investors are seeking for recovery and cannot afford of losing another volume

Don't see my post as some kind of desire about bitcoin price going down. I think that bitcoin going even lower will create a good opportunity to buy and risk to hold long term, but I'm not glad with this. This isn't about emotions is about reasons. Let's try to see this with a cold and unemotional view, even if we know that this crash is hurting bitcoin and moving away people.

Nope,people are not moving away because of this price crashes instead they are just preventing losses again so what they do is waiting for the bump again before investing

[kateycoin]

Bitcoin price CRASH: Analysts think cryptocurrency could be reaching its BOTTOM
BITCOIN could be reaching the bottom of its bear run as experts speculate the cryptocurrency could fall in the $6,600-$6,000 range over the weekend, it has been reported

I think bitcoin will not reach the bottom because many whales don't do that maybe 6k price is the last price and it will be rise again this coming months or maybe next year. And I think many people holdler don't care about the price because they believe that crypto will survive this bearish situation.